Electricity, renewable energy – a spearhead sector of Petrovietnam
The Vietnam Oil and Gas Group (Petrovietnam) is striving to raise its total installed power capacity to 8,000-14,000 MW by 2030, which is projected to account for 8-10% of the country’s combined capacity by 2045, under its revised strategy.
Natural gas supplies plummet in Myanmar amid import limits
The price of gas commonly used in Myanmar for cooking has more than tripled amid massive supply shortages since the February 2021 coup d’etat, with some families being forced to switch to charcoal.
Indonesia boosts oil, gas partnerships with Chinese firms
The Indonesian government is stepping up cooperation with Chinese companies to increase the country’s oil and gas reserves and production, according to Director of Upstream Oil and Gas Business Development Ariana Soemanto. He remarked that three stakeholders are collaborating to utilize the technology offered by several Chinese companies to explore new reserves and boost production […]
LNG’s safety, reliability highlighted as Philippines pursues energy transition
As the Philippines pushes its transition to cleaner energy sources, a noted LNG specialist underscores the crucial role of liquefied natural gas (LNG) in ensuring energy security and environmental sustainability.
New body proposed to regulate energy prices
Energy authorities will be given more power to regulate domestic oil and cooking gas prices through taxes and subsidies under a new law, says Energy Minister Pirapan Salirathavibhaga.
Fuel businesses and consumer rights must go hand-in-hand
Fuel prices remain a thorny issue for regulators, mainly on how to calculate retail prices with the Ministry of Industry and Trade (MoIT) saying the central government does not want to impose pricing, but it will take actions to ensure consumer rights are protected.
PXP Energy finds dismal gas site in Palawan, drops project
Pangilinan-led PXP Energy Corp. has relinquished a contract to harness oil and gas resources in an offshore area northwest of Palawan after assessing it had no potential for further exploration.
ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say
Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.
